The choice of elderly labor: Evidence from Ecuador

Abstract

What drives elderly people decide to work after retirement? This paper analyzes the economic determinants of the decision to work in Ecuadorian elderly. In the analytical part, authors have analyzed the literature devoted to the study of elderly people, from which several testable hypotheses that relate it to income, education level and complex household have been derived. The article provides empirical evidence from using the Living Conditions Survey (2014). The estimation results suggest that variables as income, education level and belonging to a complex household play a significant role in the decision to work of Ecuadorian elderly.

The effect of household poverty on the economic activity of the elderly in Indonesia

“…Mueen Nasir et al (2000) explain that the number of family members who generate income as a proxy of total family income is negatively related to the employment decisions of the elderly in Pakistan. Research by Lanchimba et al (2020) in Ecuador found that the variable of labour income from the elderly has a positive effect on the possibility of continuing to work in old age. This strengthens the notion that the elderly work mostly because of economic factors.…”

“…The determinants of the elderly’s decision to participate in economic activities as measured by work participation have been the subject of researches. Among them are done by Chang and Yen (2011), Hill (2002); Kooij et al (2008), Lanchimba et al (2020); Mueen Nasir et al (2000); and Sun et al (2011).…”